What Is 5dimes

 
  • 5Dimes announces it will stop wagers from US players on September 21.
  • This stoppage is only temporary as the international sportsbook says it will relaunch better than ever.
  • The official announcement hints at 5Dimes possibly entering the regulated US market.

Founded in 1996 and headquartered in Costa Rica, 5Dimes is one of the oldest online sportsbooks and casinos out there. With over 20 years of experience under their belt, 5Dimes has developed a stellar. 5Dimes is located in San Pedro, Costa Rica and is licensed and regulated by the Costa Rican government. 5Dimes Lines Even though it may not feel like it, 5Dimes is one of the most cutting edge sportsbooks when it comes to the release of betting lines and the number of lines offered. 5dimes is one of the most trusted online sportsbooks in the business and the site dates back to 1998 when it was established in Costa Rica and covers a number of other online gambling sectors, including casino, live poker and lottery and race book options. 5Dimes looks to be putting a halt to its U.S. Operations in hopes of entering the U.S. Market at a later date, per the 5Dimes release. “In order to do this, we need to temporarily suspend our service of the U.S.

What Is 5dimes

SAN JOSE, Costa Rica. – Popular international sportsbook 5Dimes has officially announced they will be temporarily stopping US wagering.

Within the official announcement, 5Dimes hinted at a possible domestic regulated launch. 5Dimes has been providing legal sports betting internationally for over two decades.

What Is 5dimes

Sports bettors in the U.S. will be able to wager until September 21, where the last wagers will be accepted. Sports bettors should also request withdrawals by September 25th.

5Dimes US Hiatus

Popular offshore sportsbook 5Dimes announced today that it is leaving the U.S. market and will stop taking online bets from U.S. customers on Sept. 21. Bettors are instructed to request withdrawals by Sept. 25. (First reported by @BradAllenNFL). pic.twitter.com/STgFI37K2j

— David Payne Purdum (@DavidPurdum) September 7, 2020

For 5Dimes patrons there are a few key things to know. Firstly, all wagers for events that occur after September 25th will be refunded.

Customers are advised to retrieve all of the money from there betting wallets prior to September 25th as it is the best way to assure collecting their earnings before the stoppage.

What Is Going On With 5dimes

Any funds that remain in the betting account by 12 am ET September 30th will automatically be transferred to a third party claims administrator. This third party company will work to get the funds to the account holder.

5Dimes picked an interesting time to stop accepting US wagers as several major sporting leagues are ongoing at the moment.

The international sportsbook will be missing out on the remainder of the NBA playoffs betting, the upcoming NFL betting season, and the continued MLB betting regular season. This leads to the speculation that the international bookmaker is looking to enter the national market through state-sanctioned methods.

What Is 5dimes

In the official statement released to its patrons, 5Dimes mentions “embarking on a new business venture” and taking advantage of the opportunity to improve the sports betting experience in the US.

The sportsbook is not shutting down operations completely, but only in the US market. This leads many patrons to believe a domestic regulated launch is imminent.

The announcement also speaks on future plans that they cannot as of yet speak on. Nothing is confirmed, however, as this is all speculation.

What

Five Dimes Sportsbook

Legal sports betting in the US hasn’t stopped completely, however, as there are many other sportsbooks both regulated and international offering betting lines for the major sporting leagues.

What

Whenever 5Dimes returns, sports bettors will be ready to continue getting in on the action at the popular sportsbook.

News tags: 5Dimes MLB NBA NFL sports betting Sportsbook

What Is 5 Dimes A Fraction Of A Dollar

Coming from a background in narrative-based writing, Giovanni strives to write stories that will keep the reader engaged. Although he does pride himself in being accurate, how the story is told is also very important to him. When he’s not keeping readers up to date on sports betting laws and legislation, you can find him writing and recording music, playing videogames, or engaged in heated sports debates with his friends.